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Home Q & A Board Other Fields Homework Help Business Economics
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insherro insherro
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7 years ago
Assume that at the current level of output, price equals marginal revenue, but is less than average total cost. So long as price is greater than average variable cost, the firm should continue to operate in the short run to minimize its losses.
Is this statement true or false, please advise
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Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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University of Ottawa - Economics for Managers
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toogootoogoo
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7 years ago
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insherro Author
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7 years ago
Thanks for your help!!
TAT1238
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Yesterday
Thanks
MLynneMcMillan
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2 hours ago
This helped my grade so much Perfect
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